National Economic and Development Authority Secretary Arsenio M. Balisacan said they prefer to get solicited bids for the operations and maintenance (O&M) of the Metro Rail Transit (MRT) Line 3 and the Light Rail Transit (LRT) Line 2. In an interview with the reporters, Balisacan said that a...
The National Economic and Development Authority (NEDA) said that President Marcos has given his approval for the purchase of five additional units of state-of-the-art patrol vessels from the Japanese government. In a briefing on Thursday, Nov. 9, NEDA Secretary Arsenio M. Balisacan said the...
The National Economic and Development Authority (NEDA) welcomed the transfer of the Development Academy of the Philippines (DAP) as one of its attached agencies. “Our development plan for socioeconomic transformation emphasizes the need to enhance productivity frameworks across government sectors...
An amendment seeking to address the private sector’s concerns and create a more enabling policy environment for infrastructure projects is in the works, the National Economic and Development Authority (NEDA) said. During the 12th Arangkada Philippines Forum yesterday, NEDA Secretary Arsenio M....
While long holidays are often embraced by many, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan believes they can pose challenges for Filipinos striving to earn a living. Balisacan explained that mandatory holidays enforced by the government can be especially...
The Philippines needs more time to create high-quality jobs, as the current growth is mainly focused on low-quality job opportunities, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan said the government needs to make significant investments,...
The National Economic and Development Authority (NEDA) does not support the increase of interest rates, noting that it could hurt consumers amid high inflation. “If I were in the Monetary Board, I would say no. We have been the most aggressive in the region in raising interest rates,” NEDA...
The government’s inter-agency body on inflation has officially recommended to President Marcos that the reduced import tariff on rice be extended until the end of next year, the National Economic and Development Authority (NEDA) said. After the Oct. 3 meeting of the Inter-Agency Committee on...
The country's unemployment rate plunged to 4.4 percent, equivalent to 2.21 million jobless Filipinos in August, the Philippine Statistics Authority (PSA) reported. The latest number is lower than the 4.8 percent or 2.27 jobless individuals recorded in July and the 5.3 percent or 2.68 million...
The National Economic and Development Authority (NEDA) on Tuesday, Sept. 12 said it welcomes potential investors to prioritize projects in Mindanao, particularly in the energy and agricultural sectors. At the Philippine dialogue with investors in Doha, Qatar, NEDA Secretary Arsenio M....
The government met with several potential investors in Doha, Qatar to discuss the country’s economic policies and projects. The Philippine economic team, led by Finance Secretary Benjamin E. Diokno held its first investor briefing in the Middle East with Philippine Dialogue: Economic Outlook and...
Finance Secretary Benjamin E. Diokno has expressed his endorsement of National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan as a strong contender for the role of Department of Agriculture (DA) chief. During last Friday's Chat with SBED, reporters floated the idea that...